I’m not surprised traders and short term holders are heading for the exits as nothing will be happening for 6 months and the commercialisation has gone back another 12 months. I think trust is being lost with this management, first the 2c credit raising at a massive discount and now a 1 year delay in a non-market sensitive announcement. Management need to clarify why there is a delay and how it will benefit us.
They need to understand in 2 years plenty of competitors can go into commercialisation and beat us and all of our shares will be worthless. Despite my comments I like the PNV directors, and I think things will move eventually.
I would be interested to see @NavyDiver’s comments from the AGM.
I’m not surprised traders and short term holders are heading for...
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